The mighty campaign to see VAT on food and drink reduced in pubs from 20% to 5% drives forward.
Buy a pint and a pie in a pub and pay an extra 20% - compared to purchasing the same in a supermarket. No equality there!
So the argument is simple; reduce VAT in pubs, create more sales, more employment, and therefore more income to the treasury. All of this whilst removing the tax inequality twixt pubs and supermarkets.
September 24th will see thousands of pubs reduce their prices by 7.5% (which has the same impact if VAT was reduced to 5%).
Tim Martin Chairman of JD Wetherspoon said that his 900 pubs will participate and they intend to make September 24th the busiest day of the year. Well done to him, say I!
Many other pub companies and individual operators will also support the day, so get down your pub on the 24th!
Martin Read CMBII
Managing Director of www.inn-dispensable.com Personal Licence Courses
Showing posts with label vat. Show all posts
Showing posts with label vat. Show all posts
Wednesday, 3 September 2014
Friday, 24 January 2014
Campaigning To Stop Further UK Pub Closures
The time is coming that "something" really needs to happen!
We have lost around ten thousand pubs in recent years, and if we are not careful we will lose many more in the not too distant future. There is of course lots going on to try and fight off the demise of our treasured pub institution, but frankly all of the effort in the world, other than getting more people to use pubs more often, will come to nought unless 'pub-going' gets back into fashion.
Government is also now realising that if more people stay at home drinking and purchasing alcohol in supermarkets there is a loss in revenue terms to the exchequer, this along with the social impact and high street demise. Pubs are important, stupid.
So what part does "the cost of going to the pub" play in the greater scheme of things? I think "more and more" is the answer.
I have blogged before on my 'hobby-horse' about our culture of 'round-buying', and I continue to believe that it is detrimental to our industry. I hear many people say that they avoid certain pubs at certain times because they know they will get involved in a round-buying group where a round can cost £20 or more. For those who want to go on doing it "fine", but let us create a culture where it is perfectly acceptable for those who want to "buy their own" to not be considered as skinflints or social pariahs!
Onto the VAT disparity twixt supermarkets and pubs. It is outrageous that supermarkets pay no VAT on food when pubs pay (and therefore you dear pub customer) 20%.
The argument is simple: Reduce VAT for pubs – more people will visit, spend more money, create more jobs, regenerate high streets, generate more revenue for HMG. The battle is joined and growing in influence. Want to know more? Take a view: www.vatclubjacquesborrel.co.uk
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
We have lost around ten thousand pubs in recent years, and if we are not careful we will lose many more in the not too distant future. There is of course lots going on to try and fight off the demise of our treasured pub institution, but frankly all of the effort in the world, other than getting more people to use pubs more often, will come to nought unless 'pub-going' gets back into fashion.
Government is also now realising that if more people stay at home drinking and purchasing alcohol in supermarkets there is a loss in revenue terms to the exchequer, this along with the social impact and high street demise. Pubs are important, stupid.
So what part does "the cost of going to the pub" play in the greater scheme of things? I think "more and more" is the answer.
I have blogged before on my 'hobby-horse' about our culture of 'round-buying', and I continue to believe that it is detrimental to our industry. I hear many people say that they avoid certain pubs at certain times because they know they will get involved in a round-buying group where a round can cost £20 or more. For those who want to go on doing it "fine", but let us create a culture where it is perfectly acceptable for those who want to "buy their own" to not be considered as skinflints or social pariahs!
Onto the VAT disparity twixt supermarkets and pubs. It is outrageous that supermarkets pay no VAT on food when pubs pay (and therefore you dear pub customer) 20%.
The argument is simple: Reduce VAT for pubs – more people will visit, spend more money, create more jobs, regenerate high streets, generate more revenue for HMG. The battle is joined and growing in influence. Want to know more? Take a view: www.vatclubjacquesborrel.co.uk
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
Wednesday, 2 October 2013
Pub Sales Increase By 10-23% As A Result Of Tax Parity Day
Around 15000 pubs took part in the Tax Parity Day last Wednesday, a campaign (see previous blogs) to seek to have a reduction in VAT for pubs - thereby giving tax parity with supermarkets.
The 15000 pubs reduced their prices on the day so that the new price reflected what would happen if VAT was reduced to 5%, and what do you know? Sales went up!
Many operators recorded increased sales, with Amber Taverns up between 10% to 23%, St Austell up 10% and JDW boss Tim Martin reporting that "Tax Parity Day was an outstanding success with sales up approximately 20%". Many others reported similar success stories.
The theory remains the same; reduce VAT in pubs to give parity with supermarkets and sales will grow. This will create more jobs (700,000 more jobs created in countries that have so far bitten the bullet and reduced VAT) this in turn will increase tax revenue (each extra £3 pint sold in a pub produces £1 in tax and £1 in wages).
A long hard slog, but eventually...??
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
The 15000 pubs reduced their prices on the day so that the new price reflected what would happen if VAT was reduced to 5%, and what do you know? Sales went up!
Many operators recorded increased sales, with Amber Taverns up between 10% to 23%, St Austell up 10% and JDW boss Tim Martin reporting that "Tax Parity Day was an outstanding success with sales up approximately 20%". Many others reported similar success stories.
The theory remains the same; reduce VAT in pubs to give parity with supermarkets and sales will grow. This will create more jobs (700,000 more jobs created in countries that have so far bitten the bullet and reduced VAT) this in turn will increase tax revenue (each extra £3 pint sold in a pub produces £1 in tax and £1 in wages).
A long hard slog, but eventually...??
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
Friday, 13 September 2013
Pubs to Drop Drinks Prices on September 25th
The campaign for a VAT reduction to 5% for the pub industry (Tax Parity Day) is hotting up!
The planned day of action looms where thousands of pubs are due to reduce their prices by 7.5% which would mirror the effect of the reduction of VAT to 5%, the anticipated effect of the action days is to see growth in sales of 8%. Sorry about all of the numbers, but it is a mathematical equation to underpin the message that a permanent VAT reduction would see growth of employment and development in the leisure sector.
Tax parity twixt pubs and supermarkets is the goal in all of this, which in turn would likely persuade more people to visit the pub rather that sit lonely at home supping Ale!
Here is the argument; Supermarkets in effect pay little or no VAT on food whereas pubs pay 20%, this enables supermarkets to subsidise their sales of alcohol, this in turns results in a huge gap between pub and supermarket prices. The VAT Club, headed up by Jaques Borel (see my previous blogs) are seeking to have VAT in pubs reduced to 5%, and their case is; Since a pint in a pub is three to four times more expensive than a supermarket the cash VAT per pint levied by the government would be similar in supermarkets and pubs if VAT was reduced as they suggest.
Just one issue, it apparently would cost HMG £12 billion to do it!
Support your pub, visit it on the day of action, put Wednesday 25th September into your diary!
The planned day of action looms where thousands of pubs are due to reduce their prices by 7.5% which would mirror the effect of the reduction of VAT to 5%, the anticipated effect of the action days is to see growth in sales of 8%. Sorry about all of the numbers, but it is a mathematical equation to underpin the message that a permanent VAT reduction would see growth of employment and development in the leisure sector.
Tax parity twixt pubs and supermarkets is the goal in all of this, which in turn would likely persuade more people to visit the pub rather that sit lonely at home supping Ale!
Here is the argument; Supermarkets in effect pay little or no VAT on food whereas pubs pay 20%, this enables supermarkets to subsidise their sales of alcohol, this in turns results in a huge gap between pub and supermarket prices. The VAT Club, headed up by Jaques Borel (see my previous blogs) are seeking to have VAT in pubs reduced to 5%, and their case is; Since a pint in a pub is three to four times more expensive than a supermarket the cash VAT per pint levied by the government would be similar in supermarkets and pubs if VAT was reduced as they suggest.
Just one issue, it apparently would cost HMG £12 billion to do it!
Support your pub, visit it on the day of action, put Wednesday 25th September into your diary!
Monday, 1 July 2013
7.5% VAT Cut In Pubs and Restaurants for 'Tax Parity Day'
Jacques Borel, the 'VAT cut' campaigner has recruited some heavyweight players to join his "National day of Action" where pubs, restaurants et al will reduce their prices by 7.5% to show just what happens with such a reduction. In France when this was trailed, sales grew by some 8% on the day of action.
His campaign is to persuade government to reduce VAT from 20% to 5%, thereby giving tax parity compared to supermarkets for the 'on–trade'. His claim is that such a reduction would mean more growth, sales and employment within our sector. The 7.5% reduction on the day of action is the impact that it is estimated would result from the desired VAT cut to 5%.
Tim Martin the hero of JD Wetherspoon commented "We wholeheartedly support this initiative for Tax Parity Day, we are aiming to make it our busiest day of the year".
Says Jacque "Creating Tax parity between pubs, Restaurants and supermarkets will fulfil many government objectives. It will create jobs, and will raise the amount of taxes the government receives, since pubs and restaurants pay more taxes and create more jobs than supermarkets. It’s a win–win situation for government, voters and our industry".
Many say he is swimming against the tide. Well, many people also said that the chancellor wouldn't stop the Duty Escalator. But he did, didn’t he!
Who knows, with so many of the top players supporting Jacque, he could well work a miracle. Who else is supporting this? Well, catch a load of these top names; Heineken, Brains, Sheperd Neame, Punch, Charles Wells, Pizza Hut, Subway and Roadchef!
Look out for it in your local. September 25th is the date – book a table! And good luck say we.
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
His campaign is to persuade government to reduce VAT from 20% to 5%, thereby giving tax parity compared to supermarkets for the 'on–trade'. His claim is that such a reduction would mean more growth, sales and employment within our sector. The 7.5% reduction on the day of action is the impact that it is estimated would result from the desired VAT cut to 5%.
Tim Martin the hero of JD Wetherspoon commented "We wholeheartedly support this initiative for Tax Parity Day, we are aiming to make it our busiest day of the year".
Says Jacque "Creating Tax parity between pubs, Restaurants and supermarkets will fulfil many government objectives. It will create jobs, and will raise the amount of taxes the government receives, since pubs and restaurants pay more taxes and create more jobs than supermarkets. It’s a win–win situation for government, voters and our industry".
Many say he is swimming against the tide. Well, many people also said that the chancellor wouldn't stop the Duty Escalator. But he did, didn’t he!
Who knows, with so many of the top players supporting Jacque, he could well work a miracle. Who else is supporting this? Well, catch a load of these top names; Heineken, Brains, Sheperd Neame, Punch, Charles Wells, Pizza Hut, Subway and Roadchef!
Look out for it in your local. September 25th is the date – book a table! And good luck say we.
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Courses
Thursday, 2 May 2013
Pro-pub MP Downplays VAT Cut
The battle lines are being drawn! The PMA reports that Chairman of the All-party Beer Group Andrew Griffiths has declared campaigns designed to persuade the Chancellor to cut VAT for the hospitality sector as an "exercise in fantasy politics". The MP said that "As a politician I couldn’t seriously go into the Treasury and, with a straight face, make the case for a VAT cut like this."
Thought for the day: “Well he would say that wouldn’t he”
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Training
Thought for the day: “Well he would say that wouldn’t he”
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Training
Thursday, 25 April 2013
Life Doesn't Have to Be Taxing – Says Octoganarian Businessman
85 years old, French, decorated with the Legion D’Honneur, war hero, rich, innovator, self-made and claims to have created 650,000 new jobs as a result of his campaigning! And that’s just a bit of his life story!!
Jacques Borel the name, inspirational the man!
His campaign, simple; reduce VAT on Food and Drink, up go sales and profit, up go jobs! Easy to summarise? Difficult to achieve? absolutely, but he has achieved it across many countries and now he is focusing on Britain!
If you want to be inspired, if you want to see real strategy designed to address cause not effect, do no more than read Roger Protz brilliant interview with “The Man” in the Publican/Morning Advertiser. Fantastic!!
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Training
Jacques Borel the name, inspirational the man!
His campaign, simple; reduce VAT on Food and Drink, up go sales and profit, up go jobs! Easy to summarise? Difficult to achieve? absolutely, but he has achieved it across many countries and now he is focusing on Britain!
If you want to be inspired, if you want to see real strategy designed to address cause not effect, do no more than read Roger Protz brilliant interview with “The Man” in the Publican/Morning Advertiser. Fantastic!!
Martin Read CMBII
Managing Director of Inn-Dispensable Personal Licence Training
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